The United Nations (UN) Sustainable Development Solutions Network published the latest edition of the World Happiness Report on Monday 20th March 2017, a report that collates data from over 150 countries and ranks them by how happy they are.

The rankings are based on a survey of 1,000 people across 150 countries, with the data providing key information for the following metrics:

1. GDP per capita
2. Quality of social support
3. Health and life expectancy
4. Freedom to make life choices
5. How generous people are
6. Levels of corruption and trust in the country

Scandinavian countries tend to top these rankings on a yearly basis and it was no different in the latest report as  Norway (1st), Denmark (2nd), Iceland (3rd) and Finland (5th) remain in the Top 5 globally.

So how did Frontier Markets perform?

Frontier Markets Happiness Rankings 2017

FM Rank	Overall Rank	Country	Score
1	21	United Arab Emirates	6.648
2	24	Argentina	6.599
3	27	Malta	6.527
4	30	Panama	6.452
5	35	Qatar	6.375
6	37	Saudi Arabia	6.344
7	38	Trinidad and Tobago	6.168
8	39	Kuwait	6.105
9	40	Slovakia	6.098
10	41	Bahrain	6.087
11	52	Lithuania	5.902
12	54	Latvia	5.85
13	57	Romania	5.825
14	60	Kazakhstan	5.819
15	61	North Cyprus*	5.81
16	62	Slovenia	5.758
17	64	Mauritius	5.629
18	65	Cyprus*	5.621
19	66	Estonia	5.611
20	73	Serbia	5.395
21	74	Jordan	5.336
22	76	Jamaica	5.311
23	77	Croatia	5.293
24	80	Pakistan	5.269
25	84	Morocco	5.235
26	88	Lebanon	5.225
27	92	Macedonia	5.175
28	94	Vietnam	5.074
29	95	Nigeria	5.074
30	100	Mongolia	4.955
31	102	Tunisia	4.805
32	104	Egypt	4.735
33	105	Bulgaria	4.714
34	107	Cameroon	4.695
35	108	Iran	4.692
36	110	Bangladesh	4.608
37	111	Namibia	4.574
38	112	Kenya	4.553
39	115	Senegal	4.535
40	120	Sri Lanka	4.44
41	128	Ivory Coast	4.18
42	131	Ghana	4.12
43	132	Ukraine	4.096
44	133	Uganda	4.081
45	142	Botswana	3.766
46	153	Tanzania	3.349

The United Arab Emirates has not only been ranked as the happiest country in the Middle East, but also the happiest Frontier Market in 2017. The positive news has been attributed to increased efforts in providing jobs, essential services, security and infrastructure to its citizens. The improved ranking will also be welcomed by many who want to see the country in the Top 5 be 2021.

Argentina, Malta, Panama and Qatar complete the top 5. It is worth noting that only two Sub-Saharan African countries feature in the top 30 happiest Frontier Markets: Mauritius (17th) and Nigeria (29th).

On the other end of the spectrum, Tanzania continued its downward spiral and was ranked as the unhappiest Frontier Market, with Botswana, Uganda, Ukraine and Ghana completing the bottom 5. There are no countries in the MENA (Middle East and North Africa) region ranked in the bottom 10 Frontier Markets.

Improvements and Declines

The Frontier Markets that improved their happiness scores the most since 2005-2007 were mainly European countries. These include:

1. Latvia (+1.364) – The Baltic nation has experienced the largest improvement among Frontier Markets and has successfully climbed up the rankings of the past few years. A survey in 2015 revealed that 59% of Latvian residents consider themselves happy, compared to the 27% and 10% that felt unhappy and very unhappy respectively.
2. Bulgaria (+0.87) – Previously ranked as the unhappiest country in the EU, Bulgaria has slowly been improving its image and reforms in the country have filtered through into the country’s happiness rankings.

Other countries include Slovakia (+0.833), Macedonia (+0.681) and Serbia (+0.645).

On the other hand, the Frontier Markets that recorded the largest declines in their scores are:

1. Botswana (-0.973) – High levels of corruption and underwhelming education standards have seen Botswana consistently rank as one of the unhappiest places on the planet.
2. Ukraine (-0.93) – Corruption, slow reforms and an ongoing political crisis have condemned the European Frontier Market to experience a deterioration in its happiness scores over the past few years.

Other large decliners were Jamaica (-0.897), Saudi Arabia (-0.829) and Tanzania (-0.776), with the latter earning the crown of 2017’s Unhappiest Frontier Market.

The complete report can be found here. A section dedicated to Africa can be found here.

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